Month: July 2019

Financial News for the Week of July 26, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Markets had no summer vacation this week, with a new British PM, dovish message from the European Central Bank, and new U.S. GDP data to digest. Advanced economy central banks are all sounding dovish, with the…


Financial News for the Week of July 19, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Chinese economic growth slowed 6.2% y/y in the second quarter of this year, as rising trade tensions weighed on activity. Signs of wear are also showing in the U.S., where industrial output continued to grow at…


Financial News for the Week of July 12, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK In a busy week for Fed communication, Chair Powell gave his semiannual testimony to Congress where he confirmed that crosscurrents hitting the outlook would likely require some additional accommodation. The Fed…


Financial News for the Week of July 5, 2019

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK News of a trade truce between the U.S. and China buoyed equity markets at the start of the week. The ceasefire put additional tariffs on hold, and there were some modest concessions on both sides. On the…